Question: 6) Given r=9% per year, compounded monthly; find the Effective Monthly Rate. (5 pts) 7) Given, 9% per year, compounded quarterly; what is the Effective

6) Given r=9% per year, compounded monthly; find the Effective Monthly Rate. (5 pts) 7) Given, "9\% per year, compounded quarterly"; what is the Effective Rate per Quarter? (5 pts) 8) Given, 4.5\% per 6 months - compounded weekly, find the effective weekly rate. (5 pts) 9) A Bank pays a nominal 12% per year compounded semiannually. What is the effective interest rate for a) 6 mo.? (5 pts) b) 12mo ? ( 5pts) c) 24 mo.? (5 pts)

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